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Program Deliverables Updates
PROGRAM DELIVERABLES UPDATES
Program 7: Abatement Property/Demo Lien Foreclosure Project
• First 151 parcels transferred from the City of Atlanta to the MALB in 2021/2022. All were multi-family parcels. - Plan for redevelopment of these parcels currently under review by the Housing Innovation Lab/ Mayor’s Office. - The MALB currently providing maintenance and insurance for all parcels. • The MALB Board approved and completed tax extinguishment action on project parcels to clear delinquent taxes of approximately $1,500,000.
- Extinguishment consent provided by Atlanta Public Schools (APS) Board and Tax Commissioner.
• Phase 2, focusing on an estimated 50 single-family parcels, is set to begin in 2024. • The MALB will prepare a Request for Qualifications to identify single-family developers for forthcoming single- family properties.
- Potential issuance in 3rd/4th quarter of 2024 if
acquisition activity completed.
Metro Atlanta Land Bank // Annual Report 2023
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